Coconut Grove is having its biggest building year in decades. April 2026 alone produced nine new construction closings, the most active month for ground-up homes in the village in years, with sales ranging from a $1.9 million LEED Platinum townhouse to a $12.6 million architect-designed estate by Jorge L. Hernandez. Behind the headlines is a deeper story about who is building, what they are building, and where the next chapter of Coconut Grove development is headed. Here is our full guide to the 2026 pipeline.
Why Coconut Grove Is Leading Miami in New Construction
Three forces are converging to make 2026 a record building year for Coconut Grove. Tax-driven relocation continues to bring family buyers from California, New York, Chicago, and the Northeast. Florida's no-state-income-tax structure plus a more stable insurance market in 2026 (covered in our recent hurricane insurance and market posts) is making the math work for high-net-worth buyers in a way it did not three years ago.
Buyer demand for the village has reached a new level. Reports earlier this year of ultra-high-net-worth purchases in Coconut Grove totaling more than $100 million in a single quarter have only reinforced the neighborhood's standing as one of Miami's most coveted addresses.
And land in the Grove is finite. The walkable footprint cannot grow, which means most new construction here is teardown-and-rebuild on existing lots rather than greenfield development. April 2026 produced nine of those new builds in single-family and townhouse, compared with five in February and three in March. Volume is accelerating into the spring buying season.
The Architects and Developers Defining Coconut Grove in 2026
A handful of names show up repeatedly on recent Coconut Grove luxury closings. If you are evaluating new construction here, these are the architects and builders worth knowing.
Jorge L. Hernandez. The April 2026 closing at 3701 Park Avenue for $12.6 million is the most prominent recent example of his work in the Grove. The 6,707 square foot residence sits on nearly half an acre behind a gated private lane, designed in a refined classical-modern idiom that has become a Hernandez signature.
Simon Bissu and Luxom Developments. The April 2026 closing at 4280 Ingraham Highway for $11.4 million is the most recent flagship build by this pairing. The 7,291 square foot tropical-modern estate sits on an oversized 16,141 square foot lot and represents the kind of architect-developer collaboration that is increasingly common in the Grove.
DNB Design Group and Avenue 04. The 4090 Hardie Avenue residence that closed in April 2026 for $5.675 million was a DNB and Avenue 04 collaboration, just one house from Merrie Christmas Park.
Mario Bocaranda. The architect behind the 2023 Casa Azzura townhomes on Plaza Street, which set a new bar for modern luxury townhouse design in the village core.
Luigi Vitalini. The 2025 build at 2330 Overbrook Street, which closed in April 2026 for $4.5 million, showcases his bespoke approach blending Coconut Grove's character with modern comfort.
Addison House. The 2025 build at 4010 Park Avenue closed in March 2026 for $5.4 million and was offered fully furnished, a turnkey approach that has become its signature.
The Single-Family New Construction Story
The bulk of Coconut Grove's new construction in 2026 is single-family ground-up rebuilds on lots where older homes once stood. The economics are simple: a 1940s or 1970s home on a 7,500 to 20,000 square foot lot in the Grove can be worth more as land than as a renovated structure once you factor in modern luxury demand and the cost of bringing an older home up to current building code.
Average new construction sizes have settled into the 4,000 to 7,500 square foot range, with five-bedroom layouts and en-suite bathrooms throughout becoming the standard. Recent April 2026 closings show the breadth of this activity: 4081 Hardie Avenue at $5.79 million (2026 build), 4110 Park Avenue at $5.3 million (2025 build), 2925 Seminole Street at $4.85 million (a 1930 home on a 20,000 square foot lot, sold for the land value), and the previously mentioned Hernandez and Bissu projects above $11 million.
The price band for ground-up Coconut Grove single-family new construction in 2026 is roughly $4 million to $13 million-plus, depending on lot size, location, and architect.
The Townhouse Boom in Center and West Grove
If single-family is the headline, the townhouse story is the volume play. New townhouse projects have been concentrated in the village core and on the streets that border it, including Plaza Street, Hibiscus Street, Matilda Street, Indiana Street, New York Street, and Elizabeth Street.
The 2023 Casa Azzura townhomes on Plaza Street, designed by architect Mario Bocaranda, closed at $1.3 million per unit. More recent buildings have raised the bar further. The April 2026 closing at 3119 Plaza Street for $1.9 million is a 2025 build pursuing LEED Platinum certification, with SprayRock hurricane-resistant steel-and-concrete construction, a Tesla Powerwall battery, an 11.7kW solar array for off-grid backup, and Control4 smart-home automation. The April 2026 closing at 3047 Elizabeth Street for $2.215 million is a 2024 build with a private rooftop terrace.
CIEL Grove Residences, currently in development at 3346 Percival Avenue, is one of the most interesting townhouse-scale projects on the horizon. The boutique collection of 11 single-family homes is designed for LEED certification, with Italian cabinetry, Low-E windows, smart-home features, and private pools.
For buyers entering the Grove in the $1.5 million to $3 million range, townhouses are where the action is. Browse our new construction listings for current inventory.
The Condo and Branded Residence Pipeline
Single-family and townhouses are our team's primary specialty, but the condo and branded residence pipeline shapes the broader Coconut Grove luxury picture and is worth understanding.
Vita at Grove Isle. Developed by CMC Group with CallisonRTKL design, this boutique seven-story development on the private 20-acre Grove Isle includes 65 residences across three buildings (Mare, Luce, and Sole) plus 12 bi-level penthouses with private rooftop pools. Construction topped off in September 2024, with completion targeted for late 2025.
Mr. C Residences Coconut Grove. Inspired by Italian Riviera aesthetics with mid-century modern interiors, this fully completed building now welcomes residents and includes amenities such as a rooftop pool deck and Bellini Bar with Biscayne Bay views.
Four Seasons Private Residences Coconut Grove. The branded residence concept is alive and well in the Grove, with this curved-façade building scheduled for completion in 2026.
The Well Coconut Grove. Terra Group's wellness-branded eight-story building at 2855 Tigertail Avenue, designed by Arquitectonica with interiors by Meyer Davis, will deliver 194 residences plus four townhomes and nine ground-floor lofts. Construction began in late 2025 with delivery targeted for early 2028.
OPUS Coconut Grove. META Development's six-story boutique condominium at 3137 SW 27th Avenue broke ground in spring 2026, with 14 residences designed by Kobi Karp and interiors by João Armentano. Pricing starts around $2.8 million, with completion slated for 2027.
Notable 2026 Single-Family New Construction Closings
A snapshot of recent ground-up closings that illustrate the range of what is selling:
3701 Park Avenue, $12.6 million (April 2026, Jorge L. Hernandez, 2025 build, 6,707 square feet). 4280 Ingraham Highway, $11.4 million (April 2026, Simon Bissu and Luxom Developments, 2026 build, 7,291 square feet). 4081 Hardie Avenue, $5.79 million (April 2026, 2026 build, 4,188 square feet). 4090 Hardie Avenue, $5.675 million (April 2026, DNB Design Group and Avenue 04, 2024 build, 4,366 square feet). 4110 Park Avenue, $5.3 million (April 2026, 2025 build, 4,325 square feet). 2330 Overbrook Street, $4.5 million (April 2026, Luigi Vitalini, 2025 build). 4024 Bonita Avenue, $6.7 million (March 2026, 2025 build, 4,197 square feet). 4010 Park Avenue, $5.4 million (March 2026, Addison House, fully furnished). 3101 Jefferson Street, $6.1 million (March 2026, Tulum-inspired). 1661 Onaway Drive, $8.15 million (February 2026, 2025 build, 6,281 square feet).
If you would like to evaluate any of these architects or projects in more depth, our Coconut Grove buyer's guide walks through the questions that matter for new construction purchases.
The Hurricane and Sustainability Features Now Standard
Florida Building Code went through a watershed change in 2002 and was strengthened again in 2012. The result is that 2025 and 2026 Coconut Grove new construction is meaningfully different from anything built before that period. Impact-rated glass throughout, reinforced concrete construction, hip roof shapes, tied roof systems, elevated mechanical equipment, and modern roof deck attachment are now standard, not optional.
Sustainability features are also moving from amenity to expectation. The 3119 Plaza Street townhouse pursuing LEED Platinum certification is one example. CIEL Grove Residences targeting LEED certification is another. SprayRock hurricane-resistant systems, Tesla Powerwall batteries paired with solar arrays, Lutron lighting, Control4 automation, and EV charging stations are showing up across the price spectrum, not just at the top.
Why this matters: every one of these features feeds back into wind mitigation insurance discounts, lower long-term operating costs, and stronger resale positioning. We covered the full insurance side of new construction in our recent hurricane insurance pillar.
Pre-Construction Versus Spec Versus Move-In Ready
Buyers approaching new construction in the Grove generally choose between three formats, and the choice matters more than most buyers realize.
Pre-construction. Buying from plans before vertical construction starts. The benefits are first pick of floor plans, lower entry deposits, and the chance to customize finishes. The trade-offs are a longer waiting period (often 18 to 36 months), capital tied up in deposits, and the inherent risk of changes during construction.
Spec build. The home is already under construction, often partway through. You give up customization but compress the timeline. This is the most common new construction format in Coconut Grove single-family today.
Move-in ready. The home is fully complete and either staged or already photographed. You pay a small premium for the certainty, but the timeline is whatever a normal closing looks like. The 4010 Park Avenue Addison House home that closed fully furnished in March 2026 is a clean example.
Where to Find Inventory and What's Next
The 2026 single-family pipeline is broad and continues to grow. We expect the second half of 2026 to deliver another fifteen to twenty new construction closings across the Grove based on projects already in vertical construction or finishing now. The townhouse pipeline includes both completed inventory and a few more 2026 deliveries on the horizon. The condo pipeline above is the multi-year story, with deliveries staggering through 2028.
For buyers, the practical takeaway is that pocket listings and pre-launch opportunities matter more in 2026 than they did even a year ago. Many of the most desirable new builds change hands before the listing ever appears in public databases. We track these actively and share them with buyers we are working with directly. Browse our current Coconut Grove inventory as a starting point.
The Bottom Line
2026 is the most active new construction year in modern Coconut Grove history. The architectural quality has reached an all-time high, the price spectrum has widened to include both $1.9 million townhouses and $13 million-plus single-family estates, and the resilience features that define new construction here are now in line with the most demanding standards anywhere in the country. For buyers, this is a strong window. For sellers thinking about a tear-down or redevelopment play, the demand environment is as favorable as it has been in years.
If you are evaluating a Coconut Grove new construction purchase, considering a teardown or redevelopment play, or just want a confidential conversation about specific projects, reach out to the Ally and AJ Team at ONE Sotheby's International Realty at 305.744.2989, email [email protected], or contact us through allyandaj.com.